The Board of Directors of the Company is pleased to announce that Aemulus Corporation Sdn. Bhd. (“ACSB”), a wholly-owned subsidiary of the Company had secured new orders worth approximately RM37.9 million on 29 July 2022. The new secured orders are from existing customer based in Malaysia from the automotive industry for the test systems for automotive devices.
Year-to-date, tech-related stocks on Bursa Malaysia such as Unisem, Malaysian Pacific Industries Bhd, Inari Amertron, Pentamaster Corp Bhd, MI Technovation Bhd and Aemulus Holdings Bhd have seen steep declines of 30% to 70%, while the technology index has dropped close to 40%.
Fund managers contacted by StarBiz opined that the sell-off in tech-related stocks on Bursa Malaysia this year may have been overdone and a rebound might be on the cards soon.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....